Quote:
Originally Posted by Monahammer
Weighing in on the tax policy issue a bit, I was at the Edmonton Chamber of Commerce budget lunch yesterday. Minister Toews very proudly said: "If we were to overlay the second most tax competitive jurisdiction- Ontario by the way- if I were to overlay their tax structure over our revenue system, I would be taking in 20 billion more dollars per year."
I was definitely not the only person who looked around the room and thought, well why the #### not claim at least 10 billion of that? We can still be the most competitive without leaving all of this #### on the table. We could reinvest in ourselves!
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I've said this before, and I'll say it again. Now that I live in Ontario the HST is no longer a shock. Sure it was a bit to adjust to at the start, but you quickly buy into it, just make judicial decisions as most normal people would, and accept that the province has a stable revenue source.
I actually feel a sense of regularity with it. As weird as that sounds.
Will I buy stuff in Alberta when I'm here? Sure, but it's not a "I must leave the province" scenario, especially since every other province has a PST as well. It's just a normal thing around the rest of the country, and the amount of people who originally come from East of Alberta have already had a PST in their lives.
I'd also probably laugh at anyone who said they moved to Alberta because the is no PST, especially when life throws so many other financial variables at you constantly.